October, 2016

article thumbnail

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

We are facing tough challenges within the business world. To work through these we are all being asked to transform but there has to be a clear end, a return for all this energy and resources it requires, that we are being asked to spend? How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected.

article thumbnail

Did you know: Some people are born with an imagination?

Idea to Value

One of the most important skills for any creative person is that of visualisation. Whether it is remembering a specific image, like a sunset, your lover’s face or the goal scored by Didier Drogba against Everton, there is something special about being able to picture something in your mind’s eye. However, new research is telling us that up to 2% of the population might not be able to form mental images at all, as shown in the above video.

Video 198
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What does FAIL stand for?

Destination Innovation

What does FAIL stand for? First Action in Learning. We all know that we have to fail more often if we are going to try new things, learn new skills, and conquer new challenges. Yet we are afraid to fail. Failing may hurt but it is part of the process and a key requirement for learning. Many great people have told of their early setbacks, humiliations and failures.

Video 196
article thumbnail

New innovation realities require new mindsets and tools

Jeffrey Phillips

Paul Hobcraft and I have been writing a series of blog posts about innovation, ecosystems, platforms and what we believe customers will ultimately demand: seamless experiences. As products and services proliferate and basic needs are met, customers become more sophisticated and more demanding, desiring products, services and business models that work together and don't require configuration, integration or effort by the consumer to "make them work".

Tools 162
article thumbnail

Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

article thumbnail

Six must-haves in the quest for open innovation success

Exago

We’ve seen how open innovation is stepping in to tear down more traditional corporate walls and to give you access to new sources of possibilities: the ideas, insights, opinions and visions of clients, partners, consumers and scientific and academic communities. Read More. The post Six must-haves in the quest for open innovation success appeared first on www.exago.com.

article thumbnail

4 Ways Every Business Needs To Use Artificial Intelligence

Digital Tonto

We are entering a new era of cognitive collaboration in which machines become far more than just agents to perform tasks, but help us to understand the world and make better decisions. Related. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

More Trending

article thumbnail

Now is the Time to Think Like an Innovator

Idea to Value

It seems that innovation is now an imperative for every company and every CEO. Leaders all stress the importance of agility, entrepreneurship and innovation in their organisations yet most of them are frustrated by slow progress. What can we do to boost our lateral thinking and creativity? How can we and our teams become the innovative pioneers we aspire to be?

article thumbnail

Literally a Leap of the Imagination

Destination Innovation

The fans packed into the Olympic Stadium in Mexico City in 1968 saw something they had never seen before. An athlete competing in the men’s high jump went over with his back to the bar. The man was a 21 year old American, Dick Fosbury. He won the gold medal with a leap of 2.24 metres, a new Olympic record. The conventional way to undertake a high jump until then was the straddle method (or western roll), where the athlete went over the high jump bar facing down.

article thumbnail

Go Slow to Go Fast: Clarifying the Definition of "Business Ecosystems" and Why Doing So Matters

Imaginatik

A little over a year ago , I was in a board meeting of a large consumer-based financial services firm. The CEO was sponsoring a workshop on the future of payments – its dizzying array of emerging new standards and technologies as well as the dark horse disruptive potential of blockchain technologies. He recognized that the “same old, same old” methods of engaging with his customers were changing.

article thumbnail

Are you an expert?

Braden Kelley

I came across this video recently thanks to my friends at BLT who recruit consultants for firms in London and beyond.

Video 151
article thumbnail

How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge

article thumbnail

Automobiles demonstrate the path to seamless experience

Jeffrey Phillips

In an earlier post on the Ecosystems 4 Innovating site I suggested that innovators must understand the expectations of customers. As such that's not new or especially insightful. Innovators are supposed to find new and unmet customer needs, and solve them for customers in ways that benefit the customer and create value for the innovator. What's important about this idea is that innovators must begin to understand the maturity and expectations of their customers.

Meeting 111
article thumbnail

Bringing New Innovation Together Is Boggling the Mind

Paul Hobcraft

There is a profound shift taking place, relating to innovation. Increasingly we are seeing a growing dissatisfaction on the impact that innovation is having; in growth, in returns, in market and customer impact. There is a search for new solutions. One of the implications is this growing recognition that innovation is rarely succeeding in isolation but it is growing on a more highly dependent type of complementary innovation, a collaborative network, working around this new emerging innovation t

article thumbnail

Microsoft retakes the innovation crown with its new focus on creativity

Idea to Value

Up until a few years ago, experts in the innovation space were using Microsoft as a case study for failing to innovate. They showed how Microsoft had “missed the boat” on several important technological trends, including losing search to Google, smartphones to Apple, operating systems and Office to Web 2.0 applications and apps to both […].

article thumbnail

Six Causes of Failure for Innovation Teams

Destination Innovation

Once you have identified a great idea for a new product or service innovation what do you do? Many firms put together a cross-functional team (XFT) and tell them to bring the product to market. It seems like a good approach. They have budget, people, and empowerment. What could possibly go wrong? Lots of things. Here are six common reasons why XFTs fail to deliver. 1.

article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

What’s your ultimate innovation challenge?

Exago

When developing your idea management programme, the way you identify, frame and share your challenges with your community is key to your initiatives’ success. The post What’s your ultimate innovation challenge? appeared first on www.exago.com.

article thumbnail

On superbosses, mentoring and other prerequisites for innovation

HYPE Innovation

“The delicate balance of mentoring someone is not creating them in your own image, but giving them the opportunity to create themselves” I didn’t say that, Steven Spielberg did. And I could not agree more. The benefits of professional (formal) and non-professional (informal) mentoring for innovation are obvious and we see great examples all over the world.

Video 176
article thumbnail

Taking Four Different Paths to Innovation

Braden Kelley

Interview with Gijs van Wulfen I had the opportunity recently to interview fellow Innovation author Gijs van Wulfen to talk with him about his new book The Innovation Maze, which is a follow-up to his great first book The Innovation … Continue reading →

article thumbnail

The voyages of discovery we all need

Paul Hobcraft

Since early September I have been significantly focused on researching, relating and renewing my understanding of Business Ecosystems, Platforms and then what led into the power and need of improving customer end experience. This came about from having some evolving conversations with my ‘old’ sparring partner Jeffrey Phillips , over at Ovo Innovation.

article thumbnail

Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.

article thumbnail

A tribute to Robert Brands, one of our authors who sadly passed away

Idea to Value

This week, I received the sad news that the innovation community has lost a dear colleague. I recently found out that Robert Brands passed away on an All Terrain Vehicle (ATV) weekend, doing what he loved: being adventurous. Robert was a frequent writer for Idea to Value, and a much-loved member of the worldwide innovation […]. Originally published at A tribute to Robert Brands, one of our authors who sadly passed away.

article thumbnail

Benchmark Your UX at All Costs

Boxes and Arrows

In the user experience (UX) industry, benchmarking is a practice that measures the usability of a website. Benchmarking helps the UX researcher understand the current state of the site so the team can attack problem areas and improve them. It is very difficult to fix or improve something when you don’t know what is wrong. Imagine taking your poorly-performing car to the mechanic and they ‘fix it’ without running any diagnostics or tests.

article thumbnail

How to create valuable open innovation ecosystems

Exago

From building consumers’ loyalty through to establishing new partnerships, improving products and identifying more business opportunities – open innovation can bring companies remarkable benefits. The post How to create valuable open innovation ecosystems appeared first on www.exago.com.

article thumbnail

Why mapping the customer journey is the top driver for digital transformation

HYPE Innovation

Organizations are struggling to understand the behaviours of the ‘connected’ customer. Partly it seems executives don’t engage with their brand or business in the way that their customers do. The lack of having a well mapped out customer journey means missing out on opportunities caused by not knowing this, restricts the developing of innovation solutions that map back to all the decision-making that is going on in the customers’ minds.

article thumbnail

How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

article thumbnail

Machine Learning-Powered Chatbots Move Beyond Apps

Daniel Burrus

Users are looking for more than the humble SMS text message to communicate with friends and family. Our communication requirements now demand group messaging capabilities with the ability to seamlessly share an image or video on the move. Apple’s iMessage, WhatsApp and Facebook’s Messenger are leading the way, but the recent release of Google Allo suggests that messaging has become the new tech battleground.

article thumbnail

Build Your Innovation Team with Liberal Arts Graduates

Your Ideas are Terrible

It’s been my experience that [Liberal Arts Graduates] look at issues from various perspectives and find new ways of doing things. In other words, they think critically. And once they have a new idea, they communicate their thinking clearly and persuasively. They understand intuitively that the idea is important, but so is the ability to explain it , whether in writing or in front of a group.

LEAN 96
article thumbnail

Key for Innovation Implementation and Business Success is Communication

Idea to Value

The innovation book Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival hammers the point home that innovation is the key to your company’s survival—in other words, “innovate or die.” The recently published Robert’s Rules of Innovation II: The Art of Implementation teaches readers how to implement an organized work culture of innovation in their organization.

article thumbnail

Beyond The Conversation: Context-Fluid Experiences and Augmented Cognition

Boxes and Arrows

Have you ever felt like you were having a one-sided conversation with someone? It feels as if you are exerting much effort with minimal feedback or response in return. When we use an application, we can think of this experience as a conversation between the user and the technology. Sometimes, it feels as if we are having that same one-sided conversation with the technology we are using.

Data 104
article thumbnail

Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

article thumbnail

Creative Diversity – What group will drive implementation success?

BrainZooming

I attended a presentation on cultivating a creative culture delivered by Michael Perman, formerly of Gap, at The Marketing Conference last week in San Francisco. During his keynote, Perman discussed twenty-plus three-day creativity sessions he organized while at Gap. Called M!ndspark, the sessions brought together thirty team members from The Gap in three-day “mini-TED conferences” to capitalize on creative diversity.

Groups 91
article thumbnail

Following Four Different Paths to Innovation

Innovation Excellence

I had the opportunity recently to interview fellow Innovation author Gijs van Wulfen to talk with him about his new book The Innovation Maze, which is a follow-up to his great first book The Innovation Expedition. 1. In the book you cite a study saying companies reported a drop in breakthrough ideas between the mid 1990’s.

Report 87
article thumbnail

Great Companies Don’t Adapt, They Prepare

Digital Tonto

Truly great companies don’t scramble to adapt to the future, because they create the future. Related posts: How Great Media Companies Fail on the Internet. To Adapt, We Need To Evolve. 4 Reasons. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Company 131
article thumbnail

How To Weather 3 Critical Business Crises: Personnel, Systemic, And Contextual

Faisal Hoque

As one entrepreneur explains, “crisis management” isn’t a monolithic process or a skill that suits every situation. The post How To Weather 3 Critical Business Crises: Personnel, Systemic, And Contextual appeared first on Faisal Hoque :: Entrepreneur | Author.

System 79
article thumbnail

Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.